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Evergreen Products Group (HKSE:01962) Cyclically Adjusted FCF per Share : HK$0.10 (As of Dec. 2023)


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What is Evergreen Products Group Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Evergreen Products Group's adjusted free cash flow per share data for the fiscal year that ended in Dec. 2023 was HK$0.526. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is HK$0.10 for the trailing ten years ended in Dec. 2023.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2024-06-23), Evergreen Products Group's current stock price is HK$ 0.47. Evergreen Products Group's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec. 2023 was HK$0.10. Evergreen Products Group's Cyclically Adjusted Price-to-FCF of today is 4.70.

During the past 10 years, the highest Cyclically Adjusted Price-to-FCF of Evergreen Products Group was 5.40. The lowest was 4.48. And the median was 4.90.


Evergreen Products Group Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Evergreen Products Group's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Evergreen Products Group Cyclically Adjusted FCF per Share Chart

Evergreen Products Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.10

Evergreen Products Group Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 0.10

Competitive Comparison of Evergreen Products Group's Cyclically Adjusted FCF per Share

For the Household & Personal Products subindustry, Evergreen Products Group's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Evergreen Products Group's Cyclically Adjusted Price-to-FCF Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Evergreen Products Group's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Evergreen Products Group's Cyclically Adjusted Price-to-FCF falls into.



Evergreen Products Group Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Evergreen Products Group's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.526/117.2957*117.2957
=0.526

Current CPI (Dec. 2023) = 117.2957.

Evergreen Products Group Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 0.014 99.707 0.016
201512 -0.046 102.015 -0.053
201612 -0.176 103.225 -0.200
201712 -0.184 104.984 -0.206
201812 -0.176 107.622 -0.192
201912 -0.209 110.700 -0.221
202012 0.085 109.711 0.091
202112 0.659 112.349 0.688
202212 0.575 114.548 0.589
202312 0.526 117.296 0.526

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Evergreen Products Group  (HKSE:01962) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Evergreen Products Group's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.47/0.1
=4.70

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 10 years, the highest Cyclically Adjusted Price-to-FCF of Evergreen Products Group was 5.40. The lowest was 4.48. And the median was 4.90.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Evergreen Products Group Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Evergreen Products Group's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Evergreen Products Group (HKSE:01962) Business Description

Traded in Other Exchanges
N/A
Address
30-32 Kung Yip Street, 11th Floor, Chiap Luen Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG
Evergreen Products Group Ltd is a manufacturer of hair goods. The group designs, manufacture and sell a wide range of hair goods made with synthetic fibers and human hair, including wigs, hairpieces, braids, and high-end human hair extensions. It boasts a comprehensive product portfolio targeted at different ethnic groups and the Halloween market. Its geographical segments are the United States, China, Bangladesh, United Kingdom, Japan, Germany, and others, of which the majority of its revenue comes from Bangladesh.
Executives
Seavi Advent Investments Ltd 2101 Beneficial owner
Clc Investment Worldwide Limited 2201 Interest of corporation controlled by you
Evergreen Enterprise Holdings Limited 2101 Beneficial owner
Fc Investment Worldwide Limited 2201 Interest of corporation controlled by you
Golden Evergreen Limited 2201 Interest of corporation controlled by you
Hsbc International Trustee Limited 2301 Trustee
Chang Yoe Chong Felix 2101 Beneficial owner
Wong Hor Yan 2202 Interest of your spouse
Chang Chih Lung 2307 Founder of a discretionary trust who can infl
Precision Global Capital Management Llc 2102 Investment manager

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